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re: Money Market Fund Thread (Updated Rates - 11/9)

Posted on 11/8/22 at 3:36 pm to
Posted by MikeyFL
Las Vegas, NV
Member since Sep 2010
9624 posts
Posted on 11/8/22 at 3:36 pm to
quote:

So these are all MM funds, they are not going to fluctuate?



They fluctuate on a daily basis - and in concert with Fed announcements. That's one of the things that makes them attractive.

For instance, the 7 day yield on SWVXX is now 3.40%.



This post was edited on 11/8/22 at 3:48 pm
Posted by GREENHEAD22
Member since Nov 2009
19674 posts
Posted on 12/28/22 at 11:30 am to
Can you have a loss with these account though? I am assuming not.
Posted by lynxcat
Member since Jan 2008
24263 posts
Posted on 12/28/22 at 7:40 pm to
SWVXX 7 day yield up to 4.26%.

Marcus by GS is at 3.30%.

Fair to think about the ~1% spread as a risk premium? FDIC backed versus not…
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